Last year China overtook the United States as the world’s biggest car market, buying 13.6 million vehicles in 2009. Chinese car producers are also exporting cars to developing countries and now they are starting to make inroads into the lucrative European market. A joint venture in Bulgaria will produce the first Chinese brand cars in the European Union. From Bahovitsa, Bulgaria, Matthew Brunwasser reports.
China’s approach to helping Africa
China is investing heavily in Africa. While many African welcome the capital and know-how, others fear that China is stepping in with heavy boots. Matthew Brunwasser reports from Nairobi, Kenya. Continue reading “China’s approach to helping Africa”